IFSC Code, MICR Codes for STATE BANK OF INDIA in CHANDIGARH - CHANDIGARH - KHARAR - KHARAR

STATE BANK OF INDIA RTGS HO Branch in KHARAR - Address, IFSC, MICR Code


IFSC Code

SBIN0010747

MICR Code

160002051

Branch

KHARAR

Contact

0

Address

SCO 5 6WARD NO 15CHANDIGARH RAOD KHARARMOHALI DIST PUNJAB 140301

City

KHARAR

District

CHANDIGARH

State

CHANDIGARH





What is IFSC Code of STATE BANK OF INDIA situated at KHARAR- RTGS-HO?
IFSC Code of STATE BANK OF INDIA situated at KHARAR - RTGS-HO is

SBIN0010747

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.